Stock Market News Updates

S&P Global hinted at a strong rebound in GDP in India even as it simultaneously pared China’s growth forecast. It has cited the imminent default of Evergrande as a key...

BPCL will invest Rs.100,000 crore over the next 5 years to make the business future ready. This is likely to make the company a lot more attractive from a privatization...

The Sensex has traversed the journey from 1,000 to 60,000 over a period of 31 years. It first touched 10,000 in Feb-06 and scaled 20,000 in Oct-07. It took more...

A day after the Fed decided to keep its language deliberately ambiguous, the Indian indices did a huge bull run. The Sensex was up 958 points at 59,957, just short...

Chennai based Data Patterns India, which supplies electronic systems to defence and aerospace, filed DRHP with SEBI for its proposed IPO. The IPO will consist of Rs.300 crore fresh issue...

CA Rover, an entity of Carlyle Group, has sold 3.4% stake in SBI Cards through open market transactions at the lower end of the price band indicated by Carlyle of...

HDFC Bank will offer co-branded credit cards with Paytm on the Visa platform. The focus customer base would be entrepreneurs and millennials. It will be a collaboration of HDFC Bank’s...

Out of the top-10 Nifty companies by market cap, four companies added Rs.65,465 crore during the week ended 17th September. Bharti Airtel and SBI emerged the biggest gainers, but laggards...

The Big Bad Bank announcement finally came on 16th September, with details of the government support. Finance Minister confirmed that the National Asset Reconstruction Company or NARCL, would be operational...

On Wednesday, the Union Cabinet cleared the Rs.25,938 crore PLI scheme for automobile sector. To be eligible for the performance-linked incentive (PLI) scheme, auto companies must invest Rs.2,000 crore for...

For August, trade data has been encouraging but the deficit also widened. Exports rose by 45.76% to $33.28 billion for Aug-21 compared to $22.83 billion in the same month last...

CPI inflation for August came in at a 4-month low of 5.3%, well within the RBI comfort limit of 6%. The CPI inflation has been steadily falling over the last...

The latest to hit the IPO market will be Fabindia, which was established in 1960 and sells products of over 40,000 artisans and craftsmen across India. Fabindia is looking at...

DIPAM announced the shortlist of BRLMs to manage the proposed IPO of LIC. The list of investment bankers include Kotak Mahindra, Goldman Sachs, JP Morgan, ICICI Securities, JM Financial, Citigroup,...

SEBI announced the introduction of  optional T+1 rolling settlement, effective from 01st Jan 2022. This was after SEBI received requests from various stakeholders to shorten the settlement cycle. To begin...